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News
11 February 2016

MFC Industrial buys trade finance bank Bawag

MFC Industrial, a Canadian global trade finance and supply chain company, has bought Bawag Malta Bank in a €90.8 million deal. The bank, bought from Bawag PSK of...

News
11 February 2016

SACE backs textile group amid global expansion

SACE, the Italian export credit agency, has provided an €8 million guarantee to the country's Maglital, a textile manufacturer. Maglital is planning a...

News
11 February 2016

Afreximbank and NEXIM to help Nigeria's cocoa sector

The African Export-Import Bank (Afreximbank) and the Nigerian Export-Import Bank (NEXIM) are joining forces to help revive Nigeria's cocoa sector via an...

News
11 February 2016

DS-Concept helps Pakistan sports company's exports

DS-Concept, a global commercial finance company, has provided a $1 million export accounts receivable facility to a sporting goods and accessories manufacturer in...

News
11 February 2016

Manufacturers battling supply chain disruption

A study of manufacturing executives by GT Nexus, a cloud-based global commerce platform, found 40% had faced supply chain disruption in the past year. But only 24%...

Perspective
10 February 2016

Agency lenders – both sides now

This two-part series examines the positive and negative aspects of working with agency lenders or agencies. ‘Agency lender’ is a name given to a group of...

News
10 February 2016

Australian nickel miners face pressure to slow production

Nickel miners in Australia - including Glencore and BHP Billiton - are under increasing pressure to slow production, with investors eyeing key announcements in coming...

News
10 February 2016

UK goods trade gap hits record high

The UK's goods trade gap with the rest of the world widened by £1.9 billion to a record high of £125 billion in 2015, official figures show. But the...

News
10 February 2016

World Bank Group names new executive director

Choi Hee-nam has been appointed executive director of the World Bank Group. He replaces Eun Sung-soo, who resigned the position to be the chief executive officer of...

News
10 February 2016

Cost of setting up Ghana Ex-Im bank is revealed

A total of GH¢48.9 million ($12.5 million) is required to set up and run the proposed Ghana Export-Import Bank (Ghana Ex-Im) in the first 12 months of its...

News
10 February 2016

Glencore close to refinancing $8.45bn loan

Swiss-based commodity trader Glencore is expected to soon wrap up senior syndication of a one-year revolving credit that refinances existing debt. Glencore is...

News
10 February 2016

ITFC agrees to open Dubai branch

The International Islamic Trade Finance Corporation (ITFC) has signed an agreement to open a branch in Dubai. The branch will become a gateway for facilitating and...

News
10 February 2016

The cost of capital for EU renewable energy investments

Researchers have estimated the costs of capital for onshore wind energy projects across the 28 EU member states. The weighted cost of capital significantly varies,...

Perspective
09 February 2016

Reliance’s new ‘shopping line’ deal takes petchem spree to $17bn

Reliance Industries’ latest €950 million ($1.04 billion) export credit agency (ECA)-backed deal is expected to push its capital expenditure spree in refinery and...

News
09 February 2016

EDC signs aircraft agreement with China's ICBC

Export Development Canada (EDC) has signed an agreement at the Singapore International Air Show with ICBC Financial Leasing regarding aircraft manufactured by...

News
09 February 2016

Zenith Bank UK opens DIFC branch

The UK branch of Nigeria's Zenith Bank has opened its first office in the Dubai International Financial Centre (DIFC), where it will offer trade finance and...

News
09 February 2016

India Ex-Im helps secure $1.6bn Bangladesh power project

India's state-run Bharat Heavy Electricals has secured a $1.6 billion overseas power project order thanks to help from the Export-Import Bank of India (India...

News
09 February 2016

ADB agrees trade and partnership framework with Australia

The Asian Development Bank (ADB) has signed an agreement to reinforce its work with Australia - including increasing trade finance and investment. ADB President...

News
09 February 2016

India Ex-Im bank calls for equity to help exporters

The Export-Import Bank of India wants ₹1,700 crore equity capital to help provide export finance, term loans to exporters, and overseas investment finance and...

News
09 February 2016

Vitol: Oil may never hit $100 a barrel again

Vitol, the Swiss-headquartered commodity trader, believes oil may never hit $100 a barrel again. Chief executive Ian Taylor said prices could remain between $40 and...